On December 31,2012,Sweetwater Co.paid cash for interest on bonds it had issued on January 1,2012.Indicate the effects of the payment of interest.

Name: On December 31,2012,Sweetwater Co.paid cash for interest on bonds it had issued on January 1,2012.Indicate the effects of the payment of interest.
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The Answer of On December 31,2012,Sweetwater Co.paid cash for interest on bonds it had issued on January 1,2012.Indicate the effects of the payment of interest.